Falcon is a global energy company with projects in Hungary, Australia & South Africa

Developing large acreage positions of unconventional and conventional oil and gas resources

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Message: one more month

Hi George - Your posts always make me think - what does one month have to do with

1.) No news on the advanced negotiations in australia

does this mean negotaitions are going good or bad? What time period is reasonable and what are you comparing it to?

2.) No exploration lisence granted in South Afrika

What is is. I have no time expectations. IMHO Greed will allow exploration sooner than later. Chevron will protect our interest on the political scene.

3.) Production flow tests started at the beginning of march 2014 in hungary

Would resonably not expect any results after one month. Unexpected gem of conventional oil being produced at a profit for an 0,18 CAD company when all attention was on the big prize. Farmer is taking their time to validate that it will be profitable as we do not risk anything. The shale energy is intact. Not a deal maker or breaker, but additive.

4.) Share price 0,18 CAD on closing 28.03.2014

Positive, if you want to accumulate. Negative, if you want to exit.

I expect that within this year we will have a working partner in australia and 0,18 CAD will be considered a steal. If we don't have an announcement within 3 - 6 months I would think shares will be available at a discounted price as expectations will be shaken. Just my thoughts - thanks for yours.

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